Manager – Internal Shariah Control

Full Time

Website Emirates NBD

Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.Emirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.

Manager – Internal Shariah Control

Job Description

The Sharia Research & Product Development Manager – Internal Shari’ah Control supports the Head of Internal Shari’ah Control in carrying out the Shari’ah Research & Product Development function, in line with the Sharia Governance Framework & Policy and the relevant standards and regulations prescribed by the UAE-CB and Higher Shari’ah Authority.

On a day-to-day basis you will be responsible for:

  • Conduct Shari’ah research for procedural issues requested by ENBD ISSC.
  • Conduct Shari’ah research for matters or issues requested by the head of Internal Shari’ah Control Department.
  • Ensure Shari’ah research covers all the relevant opinions across the four schools of thought, the contemporary opinions issued by jurist assemblies and internationally renowned Shari’ah scholars.
  • Contribute with Shari’ah research in the development of Shari’ah compliant investments, products and services, with other relevant stakeholders in ENBD Group (excluding EI).

To be successful in this role, you will need the following skills and experience:

  • Bachelor’s Degree in Shari’ah.
  • Certified Sharia Advisor & Auditor (CSSA) by AAOIFI is desired.
  • 2 years experience working within a similar role
  • In depth knowledge in Shari’ah jurisprudence across the four schools of thought.
  • Detailed knowledge on the Islamic Banking structures and services.
  • In depth knowledge in AAOIFI’s Shari’ah Standards.
  • Strong understanding of Islamic Banking and Shari’ah governance principles.
  • Strong knowledge of Islamic finance related laws in relevant jurisdictions
  • In depth knowledge on product development stages and process.

What we offer you:

  • Competitive salary package
  • Market-leading incentives
  • Strong emphasis on work-life balance and wellbeing across the bank
  • Preferential banking facilities for employees
  • Generous annual leave entitlement and Private Healthcare
  • World-class Learning & Development platform and career development

To apply for this job please visit fa-evlo-saasfaprod1.fa.ocs.oraclecloud.com.